The Sensex has again climbed to 19,000 and is currently trading at 19,059, up 321 points from the previous close. Nifty is also slightly above 5700, at 5704, up 87 points.

The Nifty seems to be heading towards 5800-5850, if no towards new highs, says Rajat Bose, technical analyst, on CNBC-TV18. Unless the 50-share index does not fall below 5550, there is no reason to worry, he says.

In the coming two months, midcaps may outperform largecaps, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Return of retail confidence and uncertainity in global markets will see investments happening in midcaps, he explains. The BSE Midcap index is up 2.2% and BSE Smallcap index almost 2%.